The £150 million hole in Osborne’s Virgin/Northern Rock deal
George Osborne didn’t sell Northern Rock at 80% of book value, but at 66% of book value, reports Cormac Hollingsworth.
George Osborne didn’t sell Northern Rock at 80% of book value, but at 66% of book value, reports Cormac Hollingsworth.
Leaders of the two biggest mutuals today told the Commons Treasury select committee that the re-mutualisation of Northern Rock could be a “good move”.
Members of the Treasury select committee questioned UKFI bosses on possible banking sector reforms in Parliament today, reports Chris Tarquini.